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The Beach Hut sells hotdogs for $2 each.The costs associated with each hot dog are estimated at $1 of variable costs and $.35 of fixed
The Beach Hut sells hotdogs for $2 each.The costs associated with each hot dog are estimated at $1 of variable costs and $.35 of fixed overhead costs.A summer camp, whose campers will be visiting the beach once during the summer, wishes to buy 100 hotdogs for $1.25 each.What is the minimum price that could be charged for this special order?
Select one:
a. $1.35
b. $1
c. $1.60
d. $1.25
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